Canada’s central bank isn’t done raising interest rates. RBC (and markets) expect a 75 basis point increase when the BoC announces its next decision on Wednesday. That would be the largest single rise since the 1990s. May CPI growth at 7.7% (year-over-year) is running well above the bank’s April forecast of 5.8% in the second […]
The post Bank of Canada to Aggressively Hike Interest Rates appeared first on Action Forex.
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